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Calculators -> Canadian Tax Calculator instructionsThis calculator may retain data, using cookies on your computer,
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Type amounts into yellow
cells.Tab or use your mouse to click
on the next cell.

Amounts are recalculated
automatically when you tab out of a cell or click elsewhere with your mouse,
or click the Calculate button.

Choose your
province

Tax year

2013

To open links without
closing the calculator, right-click on the link and select open in new
window.

Taxpayer

Spouse

Combined Taxes Payable

Birth year

Birth year is needed forCPP premiums and manytax credits. Not neededif you are age 19 to 64.

Birth year is needed forCPP premiums and manytax credits. Not neededif you are age 19 to 64.

WITBTo be eligible, must be resident in Canada throughout the year. Must be 19 yrs old (unless single parent, or married or living common-law). NOT eligible if in prison for at least 90 days during tax year. Click on link for further information.

<- Grand Total

Information re dependent children and
eligible dependent tax credit

# children age 16
or less at Dec 31 of tax year -born

Children age 16 or less:Used for Federal, MB and YT child fitness tax credit and Federal dependent child credit.

# children age 17
at Dec 31 of tax year -born

Children age 17:Used for Federal dependent child credit, and for NS sport and recreational activity credit.

# children age 18 at
Dec 31

Children age 18:For equivalent to spouse, MB Family Tax Benefit and Refundable Personal Tax Credit, ON/NS/PE Tax Reduction, and SK ChildAmount Tax Credit. The SK child amount must be claimed first by the lower income spouse. Unused amounts will automatically be transferred to the higher income spouse by the calculator (included in Amounts transferred from spouse in the taxes and premiums area).

Total # children age 17 or less at Dec 31

Total # children age
18 or less at Dec 31

If not single, claim Federal child amount tax credit on the
return of

Federal child amount can be claimed by either spouse. If federal tax is reduced to zero for the spouse claiming this credit, change the claim to the other spouse to see if total taxes are reduced. The calculator will automatically transfer an unused amount (included in "Amounts transferred from spouse"), but in some situations this still does not maximize the child amount claimed.

Required to pay CPP?Use if you are 65 to 70 and have elected to NOT pay CPP premiums after starting to collect your CPP retirement pension. Also need to enter # of months elected, below.Use if you turned 18 or 70 in the year, and also enter your birth month above.

If you answered "N" above, please enter
the pensionable amount of your earnings, if any, below:

CPP pensionable earnings

CPP pensionable earnings:Usually same as employment earnings

Universal child care benefit (UCCB) (RC62 box 10):

Line 117

- will be claimed by spouse with lower "net
income before adjustments"

UCCB:This amount is also used in the calculation for the "children under 6" credit for NS, NU and PE.

EI benefits:If your EI benefits are not subject to clawback, enter them as "Other income" below. There is no clawback when (1) a claimant was paid regular EI benefits for less than one week in the ten years prior to the taxation year of the current benefits, or (2) the EI benefits are "special benefits", such as (a) pregnancy, maternity, or parental benefits, (b) benefits due to a prescribed illness, injury or quarantine, or (c) compassionate care benefits.

Old Age Security (OAS) (T4A(OAS) box 18)

Line 113

CPP/QPP retirement or disability pension (T4A(P)
box 20)

Line 114

CPP retirement pension:Also enter # of months that you were collecting CPP during the year, if you are >65 and have elected to not pay CPP contributions.

# months in year collecting CPP pension

If you are 65 to 70 and collecting CPP, please
indicate the # of months, if any, for which

Actual amount ofdividends is entered,and the taxableamount, which isincluded in line 120on the tax return, willbe displayed in theTaxable IncomeColumn.

Actual amount ofdividends is entered,and the taxableamount, which isincluded in line 120on the tax return, willbe displayed in theTaxable IncomeColumn.

RRSP/RRIF withdrawals (when not eligible for
pension tax credit)

Other income (EI special benefits, interest,
foreign dividends, some pensions, etc)

Other income includes:-Interest, foreign dividends-Property income/loss from rentals-Pension income for age< 65, unless it is qualified pension income-Other income

Pension income (eligible for pension tax credit for
persons 65+)

Qualified pension income (eligible for pension
credit for any age)

Qualified pension
income (eligible for pension tax credit even if taxpayer is under 65)
includes - life annuity payments from a
superannuation or pension plan- pmts from a RRIF, or annuity
pmts from an RRSP or from a DPSP, received as a result of the death of a
spouse or common-law partner.

Workers' compensation
benefits (box 10 on the T5007 slip)

Line 144

Social assistance
payments

Line 145

Net federal
supplements (box 21 on the T4A (OAS) slip)

Line 146

Workers'
compensation, social assistance and net federal supplements are included
above, and deducted below to arrive at taxable income.

Pension splitting - maximum allowable is 50% of
eligible pension income.Make sure
birth year entered for both Taxpayer and Spouse.
Make sure marital status above is correct, and enter number of months
married.

Number of months married or living common-law

A.

Total pension income eligible for pension tax
credit (based on age)

Maximum pension amount transferable (50% x A/12 x
#months married)

Amount that you are electing to transfer - from
taxpayer to spouse

Amount that you are electing to transfer - from
spouse to taxpayer

Transfer of pension income Line 116

$ from taxpayer to spouse

$ from spouse to taxpayer

Any resulting additions to pension income
are shown here, and reductions to income are in deductions area on Line
210.

Resident of different province at the previous
year end - use the federal unused tuition/education/textbook amount as the
provincial amount, unless moved to ON or PE.If moved to ON from QC use federal amount, otherwise use provincial
amount.If moved to PE from QC use
federal amount, otherwise use lower of federal or provincial amounts.

Disabled students - claim full time months for
part time months enrolled.

Eligible tuition fees

Federal education/textbook amounts

Part time- # of months

Full time - # of months

Part time

Full time

Unused
tuition/education/textbook amounts before transfers to spouse

Federal

Provincial

Maximum allowable
transfer from spouse

Federal

Provincial

Unused amounts to transfer from spouse

Federal

These transfers show as part of "Amounts
transferred from spouse".

Provincial

Tax credits for age, pension, disability, and
child (except NS and PE child under 6) amounts are automatically transferred
to other spouse if unused.

Other refundable tax credits available in BC, MB,
ON, NU, YT - choose below, and enter the amount of the credit as a NEGATIVE
amount (not checked)

Income tax payable
(refundable if negative)

Line
420

Line
428

Clawback payable re EI and OAS

Line 422

CPP on self-employment income

Line 421

Total payable by
taxpayer / (refundable if negative)

before
deducting taxes paid

Total income tax deducted (information
slips/instalments) - not CPP/EI premiums

Income tax deducted:Include both federal and provincial income tax paid. Do not include CPP contributions or EI premiums shown on T4.

include all
income tax paid

Income tax deducted:Include both federal and provincial income tax paid. Do not include CPP contributions or EI premiums shown on T4.

Transfer of withholding tax re pension splitting

Adjusted total income tax credits

Balance payable
(refund due if negative) after above payments/credits

CPP paid on employment income

EI paid on employment income

Total taxes,
clawbacks, CPP/EI premiums

Net income before
taxes / before RRSP deduction

Net income after
taxes / before RRSP deduction

Tax savings re
RRSPs / Marginal tax rate (see note below)

Average tax rate
based on taxable income

= total taxes,
clawbacks, CPP/EI divided by taxable income

Avg tax rate based
on adjusted taxable income

Note:RRSP contributions
by one spouse may also reduce the taxes payable of the other spouse - this is
not reflected in the RRSP savings.
When RRSP contributions cause UCCB income to move from one spouse to the
other, tax savings re RRSPs are not accurate.

Unused student loan
interest

Donations in excess
of 75% of net income - carry forward

Alternative minimum tax (AMT) is estimated
based on available information.

This calculator is intended to be used for
planning purposes.It does not include
every available tax credit.We strive
for accuracy, but cannot guarantee it.

Revised: September 19, 2017

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